Salient to Investors:
In 2013, the world’s 300 wealthiest individuals added $524 billion to their collective net worth with the biggest gains in tech. Only 70 registered a net loss.
John Catsimatidis at Red Apple Group said interest rates will remain low, equity markets will keep rising, and the economy will grow at less than 2 percent.
Henry Kravis at KKR said in November that energy on a global basis is going to be very interesting.
Mark Haefele at UBS said central banks will continue to be supportive, so equities will likely continue to rise during the year.
Read the full article at http://www.bloomberg.com/news/2014-01-02/billionaires-worth-3-7-trillion-surge-as-gates-wins-2013.html
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